UNAUDITED FINANCIAL STATEMENTS AND DISTRIBUTION ANNOUNCEMEN T FOR THE SECOND QUARTER 2018 AND FINANCIAL PERIOD FROM 1 JANUARY 2018 TO 30 JUNE 2018

Profit or Loss

NM Not meaningful

Balance Sheet

Commentary

A combination of healthy business confidence, falling unemployment rate, rising wage growth and accommodative financing conditions has continued to support the European real estate investment market and the take-up of office space.

IREIT’s properties should continue to deliver stable performance for the rest of 2018, as there are no lease expiries during the period. The discussions with several existing tenants for a possible lease extension ahead of their lease expiries in 2019 are ongoing. In respect of Berlin Campus, the Manager is pleased to report that the key tenant, Deutsche Rentenversicherung Bund (DRV), did not exercise its lease break option to return part of its leased space in 2019. On the capital management front, the Manager has also initiated discussions with banks for the refinancing of IREIT’s term loans.

As previously announced on 4 July 2018, Tikehau Capital, through its investment arm in Asia, has acquired an additional 4.52% of the shares of the Manager, bringing its total shareholdings in the Manager to 84.52%. In addition, Tikehau Capital has agreed to increase its interests in IREIT from approximately 3.61% to 8.00%. The increase in stakes in the Manager and IREIT is a clear testament of Tikehau Capital’s commitment and demonstrates a greater alignment of interest with the unitholders.

Looking ahead, the Manager will continue to leverage on Tikehau Capital’s established footprint, proven track record and extensive network in Europe to grow IREIT and deliver long-term sustainable returns to the unitholders.